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Microsoft, BlackRock
Group including BlackRock, Microsoft aims to raise $100 billion for data center and power infrastructure
The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt financing.
Microsoft, BlackRock to launch $30 billion fund for AI infrastructure
BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday.
Microsoft, BlackRock Create $30B AI Infrastructure Fund
Microsoft, BlackRock, and two investment firms formed a partnership to invest in artificial intelligence infrastructure projects.
2d
on MSN
BlackRock and Microsoft are reportedly planning a $30B AI-focused megafund
Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with ...
2d
on MSN
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data ...
Business 2 Community
1h
Microsoft, BlackRock Seek $100 Billion for AI: Is AI a Bubble?
Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.
9m
Three Mile Island nuclear plant to help power Microsoft's data-center needs
A unit of Pennsylvania's Three Mile Island nuclear plant will be restarted as part of a new energy-sharing agreement with ...
Impacts
1d
Microsoft and BlackRock Commit $30 Billion to AI Development, Powered by Nuclear Innovation
In a groundbreaking move, Microsoft and BlackRock are joining forces with a $30 billion investment over the next decade to ...
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Related topics
AI
Artificial intelligence
Global Infrastructure Partners
Data center
United States
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